law, rule or regulation with respect to the Aircraft, or the nonconformity of the Aircraft or its
operation with any applicable law; (iii) vandalism, hijacking, destruction, bombing, terrorism or
similar acts directly or indirectly affecting the Aircraft, any part thereof, or any persons who
(whether or not on board the Aircraft) may sustain any injury or damage as a result of any such
acts, regardless of whether or not Lessee was at the time of such use, complying with the security
requirements of the Lease or applicable law; (iv) any actions brought against any Indemnified Party
that arise out of Lessee’s actions (or actions of Lessee’s agents); or (v) any Indemnified Party’s
reliance on any representation or warranty made or deemed made by Lessee or Guarantor (or any of
their officers) under or in connection with this Lease or any other Document or any report or other
information delivered by Lessee or Guarantor pursuant hereto which shall have been incorrect in any
material respect when made or deemed made or delivered; provided, that Lessee shall not be
obligated to pay and shall have no indemnity liability for any Claims (x) imposed on or against an
Indemnified Party to the extent that such Claims are caused by the gross negligence or willful
misconduct of such Indemnified Party or (y) to the extent imposed with respect to any Claim solely
based on events occurring after the earlier of (A) the expiration or other termination of the Term
in circumstances not requiring the return of the Aircraft and payment in full of all amounts due
from Lessee under this Lease and any other Document and (B) the satisfaction by Lessee of all its
obligations under Section 11 of the Lease and payment in full of all amounts due from Lessee under